Executive Summary
Genius Electronic Optical Co., Ltd., an optical technology company, designs, develops, and supplies lenses in Taiwan. More Details
Rewards
Risk Analysis
No risks detected for 3406 from our risk checks.
Snowflake Analysis
Outstanding track record with flawless balance sheet.
Share Price & News
How has Genius Electronic Optical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3406 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3406's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-7.6%
3406
-1.6%
TW Electronic
-0.2%
TW Market
1 Year Return
-23.0%
3406
16.1%
TW Electronic
28.6%
TW Market
Return vs Industry: 3406 underperformed the TW Electronic industry which returned 16.1% over the past year.
Return vs Market: 3406 underperformed the TW Market which returned 28.6% over the past year.
Shareholder returns
| 3406 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.6% | -1.6% | -0.2% |
| 30 Day | -19.7% | 9.1% | 8.8% |
| 90 Day | -22.6% | 21.8% | 20.6% |
| 1 Year | -22.1%-23.0% | 20.2%16.1% | 33.1%28.6% |
| 3 Year | 68.7%64.1% | 31.4%15.8% | 55.3%37.8% |
| 5 Year | 795.0%770.7% | 112.6%74.1% | 135.7%94.2% |
Long-Term Price Volatility Vs. Market
How volatile is Genius Electronic Optical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Be Adding Genius Electronic Optical (TPE:3406) To Your Watchlist Today?3 weeks ago | Simply Wall St
What Is The Ownership Structure Like For Genius Electronic Optical Co., Ltd. (TPE:3406)?1 month ago | Simply Wall St
Is Genius Electronic Optical (TPE:3406) A Risky Investment?Valuation
Is Genius Electronic Optical undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3406 (NT$454.5) is trading below our estimate of fair value (NT$1001.92)
Significantly Below Fair Value: 3406 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3406 is good value based on its PE Ratio (16.3x) compared to the TW Electronic industry average (17.1x).
PE vs Market: 3406 is good value based on its PE Ratio (16.3x) compared to the TW market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: 3406 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 3406 is overvalued based on its PB Ratio (3.1x) compared to the TW Electronic industry average (1.6x).
Next Steps
Future Growth
How is Genius Electronic Optical forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3406's forecast earnings growth (16.1% per year) is above the savings rate (0.8%).
Earnings vs Market: 3406's earnings (16.1% per year) are forecast to grow slower than the TW market (18.7% per year).
High Growth Earnings: 3406's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3406's revenue (10.4% per year) is forecast to grow slower than the TW market (11.1% per year).
High Growth Revenue: 3406's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3406's Return on Equity is forecast to be high in 3 years time (21.2%)
Next Steps
Past Performance
How has Genius Electronic Optical performed over the past 5 years?
64.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3406 has high quality earnings.
Growing Profit Margin: 3406's current net profit margins (20.7%) are higher than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: 3406 has become profitable over the past 5 years, growing earnings by 64% per year.
Accelerating Growth: 3406's earnings growth over the past year (67.8%) exceeds its 5-year average (64% per year).
Earnings vs Industry: 3406 earnings growth over the past year (67.8%) exceeded the Electronic industry 5%.
Return on Equity
High ROE: 3406's Return on Equity (20.9%) is considered high.
Next Steps
Financial Health
How is Genius Electronic Optical's financial position?
Financial Position Analysis
Short Term Liabilities: 3406's short term assets (NT$8.6B) exceed its short term liabilities (NT$5.9B).
Long Term Liabilities: 3406's short term assets (NT$8.6B) exceed its long term liabilities (NT$3.8B).
Debt to Equity History and Analysis
Debt Level: 3406's debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 3406's debt to equity ratio has reduced from 73.9% to 26.1% over the past 5 years.
Debt Coverage: 3406's debt is well covered by operating cash flow (124.1%).
Interest Coverage: 3406's interest payments on its debt are well covered by EBIT (68.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Genius Electronic Optical current dividend yield, its reliability and sustainability?
1.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3406's dividend (1.98%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.13%).
High Dividend: 3406's dividend (1.98%) is low compared to the top 25% of dividend payers in the TW market (5.17%).
Stability and Growth of Payments
Stable Dividend: 3406's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3406's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.3%), 3406's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3406's dividends in 3 years are forecast to be well covered by earnings (34.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Genius Electronic Optical has no CEO, or we have no data on them.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Genius Electronic Optical Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Genius Electronic Optical Co., Ltd.
- Ticker: 3406
- Exchange: TSEC
- Founded: 1989
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$45.286b
- Shares outstanding: 100.19m
- Website: https://www.gseo.com
Location
- Genius Electronic Optical Co., Ltd.
- No. 1, Keya East Road
- Taiwan Science Park
- Taichung
- 428
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3406 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Dec 2004 |
Biography
Genius Electronic Optical Co., Ltd., an optical technology company, designs, develops, and supplies lenses in Taiwan. It offers mobile lenses; and VR/AR and automotive optics. The company was founded in 19...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 08:35 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.